+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Vegan Food Global Market Report 2024

  • PDF Icon

    Report

  • 300 Pages
  • November 2023
  • Region: Global
  • The Business Research Company
  • ID: 5733827

Quick Summary:

In the rapidly expanding global vegan food market, there is increasing demand for well-researched, comprehensive data to inform strategic decision-making. It is for this reason that we present our detailed research report on the current and future state of this market. This report encompasses sales of fruits, vegetables, legumes, plant protein-based products and more, providing intricate and vital clarity on a wide array of vegan food products.

From new entrants to established giants, our report is invaluable to any player in the vegan food market. You will gain a complete perspective of everything you need, with detailed information on regions such as Asia-Pacific, Western Europe, and North America, among others. This research, highlighting the latest market trends and opportunities, can be the compass navigating your business through the complex landscape of the vegan food industry. Make an informed decision and thrive in the marketplace with this essential resource at your disposal.

The vegan food market size has grown rapidly in recent years. It will grow from $24.58 billion in 2023 to $27.8 billion in 2024 at a compound annual growth rate (CAGR) of 13.1%. The growth observed in the historical period can be attributed to several factors, including the increasing awareness of health and wellness, growing concerns about the environmental impact of animal agriculture, ethical considerations regarding animal welfare, rising disposable incomes, the globalization of veganism, and government support for the vegan industry.

The vegan food market size is expected to see rapid growth in the next few years. It will grow to $42.86 billion in 2028 at a compound annual growth rate (CAGR) of 11.4%. Anticipated growth in the forecast period can be attributed to several key factors. These include the increasing influence of social media, a higher prevalence of food allergies, the continued momentum of vegan activism and movements, and the expansion of retail options in the vegan market. Furthermore, there are several significant trends expected during the forecast period, including a focus on innovative product development, a surge in plant-based protein offerings, the popularity of convenient vegan foods, the emergence of vegan seafood alternatives, the growth of vegan fast food options, and the adoption of personalized nutrition strategies. These trends are poised to shape the vegan food industry in the coming years.

The anticipated growth of the vegan food market in the coming years is set to be driven by the increasing number of vegans and vegetarians. Vegans are individuals who adopt a lifestyle aimed at minimizing animal exploitation and cruelty in all aspects of their lives, including clothing, food, and other practices. Vegetarians, on the other hand, follow a diet that excludes meat, fish, and poultry, focusing on a plant-based diet rich in fruits, vegetables, grains, nuts, and seeds. Vegan cuisine not only provides essential nutrients but also aligns with humanitarian and ecological concerns, making it an attractive choice for both vegetarians and vegans. These dietary groups need to ensure that their nutritional requirements are adequately met. For example, as of July 2023, the World Animal Foundation, a US-based digital platform advocating for animal rights, ethical pet ownership, and raising awareness of humane practices, reported that 6 percent of the US population practiced veganism. Furthermore, nearly one-third of Americans expressed an inclination to consume more vegan food. Hence, the growing number of vegans and vegetarians is a significant driving force behind the expansion of the vegan food market.

The primary substitutes for vegan food include dairy alternatives, meat replacements, and other product alternatives. Dairy alternatives are products designed to replace traditional dairy items like milk, cheese, and butter. These alternatives are sourced from materials such as wheat, soy, oats, almonds, and other plant-based sources, and they are available for purchase through both online and offline channels.

The vegan food market research report is one of a series of new reports that provides vegan food market statistics, including global market size, regional shares, competitors with vegan food market share, detailed vegan food market segments, market trends and opportunities, and any further data you may need to thrive in the vegan food market industry. This vegan food market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

The growth of the vegan food market is being propelled by an increasing concern for the environment among the population. The rearing and breeding of livestock such as pigs, hens, cows, and goats on farms contribute to the greenhouse effect, with greenhouse gases being released during the livestock farming process. These gases trap atmospheric heat, leading to an overall increase in temperatures. The demand for animal meat necessitates extensive animal farming practices, further exacerbating greenhouse gas emissions. Therefore, the rising number of consumers in the vegan food market contributes to a reduction in the demand for excessive animal farming, ultimately resulting in decreased greenhouse gas emissions and a more environmentally friendly approach. For instance, in August 2023, according to the United States Environmental Protection Agency, an autonomous US-based agency responsible for environmental protection, the United States' greenhouse gas emissions in 2021 amounted to 6,340.2 million metric tons of carbon dioxide equivalents, or 5,586.0 million metric tons of equivalent carbon dioxide. Thus, the growing environmental awareness among the population is a driving force behind the expansion of the vegan food market.

Vegan products are devoid of any animal-derived ingredients. However, it's important to note that vegan food may sometimes fall short in providing sufficient high-quality protein and fats. Both vegan and vegetarian diets can lack several crucial minerals, including calcium, iron, and zinc. For instance, a comprehensive study published in the medical journal Progress in Cardiovascular Diseases in September 2022 found that the complete elimination of animal foods from one's diet could lead to deficiencies in essential nutrients like vitamin B12, omega-3 fatty acids, calcium, iron, magnesium, zInc., and high-quality protein. Such deficiencies may increase the risk of health issues, including stroke, cancer, bone fractures, premature delivery, and failure to thrive. Avoiding animal-sourced foods may also be associated with a higher incidence of anxiety and depression. Additional concerns observed among vegans include hair loss, fragile bones, muscle atrophy, skin rashes, thyroid dysfunction, and anemia. Hence, the nutritional gaps and potential health risks associated with vegan diets can impact the growth of the vegan food market.

One notable trend in the vegan food industry is the development of meat using cell-based technology. This approach allows for the creation of meat that is identical to traditional meat, without the need to raise and slaughter animals. Cell-based meat production occurs in specialized facilities, where animal cells are nourished with essential nutrients and proteins, eliminating the necessity for traditional animal farming. For example, in October 2022, a US-based pet food manufacturer introduced a cellular-based meat broth topper for dogs, known as the chicken broth topper. This innovation aims to replace conventionally farmed animal products with cruelty-free, cell-based meat, addressing concerns related to the quality and contamination of pet food. Other major players in the food industry, like Tyson Foods, a US-based processor and marketer of chicken, beef, and pork, are also making investments in companies like Memphis Meats to support the production of cell-based meat.

Prominent companies in the vegan food market are placing a strong emphasis on innovation by introducing products like plant-based chicken-style alternatives to better cater to the preferences of their existing customers. These plant-based chicken-style products are crafted from an assortment of plant-derived ingredients, such as soy, pea protein, jackfruit, and wheat protein, with the intention of mimicking the taste and texture of real chicken. For instance, in April 2023, Beyond Meat, Inc., a US-based producer of plant-based meat substitutes, expanded its product range in the UK with a diverse selection of enticing plant-based options that closely resemble chicken. This expansion includes recently launched items like the Beyond Burger Chicken-Style, Beyond Fillet, and Beyond Nuggets. These new Beyond Chicken-Style products, like the rest of Beyond Meat's offerings, are crafted from plant-based ingredients and are designed to replicate the appearance, cooking process, and taste of their animal-based counterparts. These delectable additions cater to a wide range of consumers, including carnivores, flexitarians, vegetarians, and vegans, as they feature a crispy exterior and a tender, juicy interior, thanks to the golden breading.

Major companies operating in the vegan food market include Amy's Kitchen, VITASOY International Holdings Ltd., Beyond Meat, Tofutti Brands Inc., Plamil Foods Ltd., Danone S.A., Eden Foods Inc., Whitewave Foods Company Inc., Sun Opta Inc., Pascual Group, Bhlue Diamond Growers, Archer Daniel Midland Company, Earth's Own Food Company Inc., Panos Brand LLC., Hain Celestial Group Inc., Organic Vallet Corporative, Living Harvest Food Inc., Morningstar Farms, MGP Ingridents Inc., Sonic Biochem Extractions Limited, ADM, DuPont de Nemours Inc., The Nisshin Oillio Group, Schouten Europe, Upside Foods, Alpha Foods, Corbion Biotech Inc., Famleigh Inc., 22 Days Nutrition, Annie's Homegrown, Earth Balance, Field Roast

Asia-Pacific was the largest region in the vegan food market in 2023. Western Europe was the second-largest region in the vegan food market report. The regions covered in the vegan food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the vegan food market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The vegan food market consists of sales of vegan fruits and vegetables, legumes such as vegan peas, vegan beans, plant protein-based tofu, and plant protein-based meat. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. Vegan Food Market Characteristics3. Vegan Food Market Trends And Strategies
4. Vegan Food Market - Macro Economic Scenario
4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market
5. Global Vegan Food Market Size and Growth
5.1. Global Vegan Food Market Drivers and Restraints
5.1.1. Drivers Of The Market
5.1.2. Restraints Of The Market
5.2. Global Vegan Food Historic Market Size and Growth, 2018 2023, Value ($ Billion)
5.3. Global Vegan Food Forecast Market Size and Growth, 2023 2028, 2033F, Value ($ Billion)
6. Vegan Food Market Segmentation
6.1. Global Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Dairy Alternative
  • Meat Substitute
  • Other Product Substitutes
6.2. Global Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Wheat
  • Soy
  • Oats
  • Almond
  • Other Sources
6.3. Global Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Online
  • Offline
7. Vegan Food Market Regional And Country Analysis
7.1. Global Vegan Food Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Vegan Food Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Vegan Food Market
8.1. Asia-Pacific Vegan Food Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Vegan Food Market
9.1. China Vegan Food Market Overview
9.2. China Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Vegan Food Market
10.1. India Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Vegan Food Market
11.1. Japan Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Vegan Food Market
12.1. Australia Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Vegan Food Market
13.1. Indonesia Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Vegan Food Market
14.1. South Korea Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Vegan Food Market
15.1. Western Europe Vegan Food Market Overview
15.2. Western Europe Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Vegan Food Market
16.1. UK Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Vegan Food Market
17.1. Germany Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Vegan Food Market
18.5. France Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Vegan Food Market
19.9. Italy Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Vegan Food Market
20.13. Spain Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Vegan Food Market
21.1. Eastern Europe Vegan Food Market Overview
21.2. Eastern Europe Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Vegan Food Market
22.1. Russia Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Vegan Food Market
23.1. North America Vegan Food Market Overview
23.2. North America Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Vegan Food Market
24.1. USA Vegan Food Market Overview
24.2. USA Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Vegan Food Market
25.1. Canada Vegan Food Market Overview
25.2. Canada Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Vegan Food Market
26.1. South America Vegan Food Market Overview
26.2. South America Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Vegan Food Market
27.1. Brazil Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Vegan Food Market
28.1. Middle East Vegan Food Market Overview
28.2. Middle East Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Vegan Food Market
29.1. Africa Vegan Food Market Overview
29.2. Africa Vegan Food Market, Segmentation By Product Substitute, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Vegan Food Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Vegan Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Vegan Food Market Competitive Landscape And Company Profiles
30.1. Vegan Food Market Competitive Landscape
30.2. Vegan Food Market Company Profiles
30.2.1. Amy's Kitchen
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. VITASOY International Holdings Ltd.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Beyond Meat
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Tofutti Brands Inc.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Plamil Foods Ltd
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Global Vegan Food Market Competitive Benchmarking32. Global Vegan Food Market Competitive Dashboard33. Key Mergers And Acquisitions In The Vegan Food Market
34. Vegan Food Market Future Outlook and Potential Analysis
34.1 Vegan Food Market In 2028 - Countries Offering Most New Opportunities
34.2 Vegan Food Market In 2028 - Segments Offering Most New Opportunities
34.3 Vegan Food Market In 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies
35. Appendix
35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer

Executive Summary

Vegan Food Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on vegan food market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • All data from the report will also be delivered in an excel dashboard format.

Description:

Where is the largest and fastest growing market for vegan food? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Scope

  • Markets Covered: 1) By Product Substitute: Dairy Alternative; Meat Substitute; Other Product Substitutes; 2) By Source: Wheat; Soy; Oats; Almond; Other Sources; 3) By Distribution Channel: Online; Offline
  • Companies Mentioned: Amy's Kitchen; VITASOY International Holdings Ltd.; Beyond Meat; Tofutti Brands Inc.; Plamil Foods Ltd.
  • Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
  • Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
  • Time series: Five years historic and ten years forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
  • Data segmentations: Country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
  • Delivery format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Amy's Kitchen
  • VITASOY International Holdings Ltd.
  • Beyond Meat
  • Tofutti Brands Inc.
  • Plamil Foods Ltd.
  • Danone S.A.
  • Eden Foods Inc.
  • Whitewave Foods Company Inc.
  • Sun Opta Inc.
  • Pascual Group
  • Bhlue Diamond Growers
  • Archer Daniel Midland Company
  • Earth's Own Food Company Inc.
  • Panos Brand LLC.
  • Hain Celestial Group Inc.
  • Organic Vallet Corporative
  • Living Harvest Food Inc.
  • Morningstar Farms
  • MGP Ingridents Inc.
  • Sonic Biochem Extractions Limited
  • ADM
  • DuPont de Nemours Inc.
  • The Nisshin Oillio Group
  • Schouten Europe
  • Upside Foods
  • Alpha Foods
  • Corbion Biotech Inc.
  • Famleigh Inc.
  • 22 Days Nutrition
  • Annie's Homegrown
  • Earth Balance
  • Field Roast

Methodology

Loading
LOADING...